Ecobank Transnational Inc. Profit after tax increases by 23% in Q1 2021.

Ecobank Transnational Incorporated released its unaudited results for the first quarter of the year (Q1, 2021).

• Net interest income for the period was N95.35 billion. (+24% YoY)
• Fee and commission income of N45.6 billion. (+19% YoY)
• Operating income of N164.6 billion. (+15% YoY)
• Operating expenses totalled N97.63 billion. (+3% YoY)
• Profit after tax was N30.5 billion. (+23% YoY)
• Earnings per share from continuing operations was 84 kobo Vs 71kobo YoY

See link to results.